European Apparel Files Lawsuit Against Billabong for Breach of Contract

European Apparel has filed suit against Billabong and Brad Bleick for unspecified damages resulting from breach of contract, alleged fraud and alleged conspiracy to commit fraud. The lawsuit alleges that Paul Naude, the executive director and general manager of Billabong, issued written authority in April 2011 to European Apparel authorizing them as a distributor for Billabong in various markets.